Crypto Rallies Despite SEC's Attack
Written by Nick O'Neill
Crypto Rallies Despite SEC's Attack
ETH NFTs show signs of life as 9 of the top 10 collections by volume are up on the day, headlined by Pudgy Penguins (+12%), Lil Pudgys (+29%), and DeGods (+20%)
The SEC is seeking to classify Ethereum as a Security. This comes after the Ethereum Foundation signals in February that the foundation “has received an enquiry from a state authority”
Crypto rallies Thursday evening as majors gain 8-12% and top 50 memecoins such as DOGE, SHIB, PEPE, and WIF all gain 10%+
The crypto rally comes despite a third straight day of net BTC ETF outflows, led by $386M leaving GBTC
Alien Cryptopunk 7804 sells for 4850 ETH ($16.4M) beating out the Alien that sold for 4500 ETH two weeks ago
XCOPY’s open edition “MUTATIO” on Base concludes with just over 1 million NFTs minted at .00069 ETH, raising over $2M and currently selling on secondary at .0008 ETH
Base network congestion leads to Coinbase wallet and Coinbase.com failures as daily Base transactions have increased 300% from Pre-Dencun upgrade levels
Polygon and Immutable launch $100M blockchain gaming investment fund with help of VC firm King River Capital, investing in 7 projects including Pixelmon, Guild of Guardians, and My Pet Hooligan
Opensea releases Seaport 1.6 which will have “Seaport Hooks” that allow developers to create innovative behavior, such as NFTs that “evolve” traits based on the price which they were purchased
Quantum Cat artist 0xfar is revealed to be the artist behind the iconic Runestone parent inscription
Portal coin staking opens allowing users to stake $PORTAL to level up and gain exclusive access to new games and presales
Robinhood extends their mobile crypto wallet to Android as it launches on the Google Play Store just over a year after launching on iOS
Killacub #8 becomes the first ETH native NFT to bridge to Solana as the team prepares the bridge for the rest of the collection
Trending Sellers 📈
These are collections that have had the top unit sales over the past 12 hours or so.
Sales Giants 🦍
Projects that have had the top overall sales during the past 24 hours.
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